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English 148
Search Results 0 to 49 of about 148 (some duplicates have been removed)
CNN
Jun 22, 2013 6:30am PDT
to prevent one today. put the economy in terms we noneconomists understand. it's like a car. >> to return to the driving analogy, if the incoming data supports the view the economy's able to sustain a reasonable cruising speed we will ease pressure on the accelerator by gradually reducing pace of purchases. >> not put on the brake but was ease off accelerator. the fed has been buying $85 billion a month in bonds. that money rushes into the economy, fueling a huge rally in stocks, huge rally until this week. it keeps interest rates low on your home and car loans. but investors are nervous that tapering, taking the foot off the gas, will end the big gains. just the fear of ben bernanke easing up on the gas pedal sent the dow down 500 points wednesday and thursday. regardless if you own any stocks, your money is on the line. terry sav itch, author of the savage truth on money, chief investment strategist, welcome to the program. you say all of the worrying about when stocks will pull back is a good thing. explain. >> well, i'm not saying that it's a good thing for your psyche to be worried a
CSPAN
Jun 21, 2013 7:00am EDT
wall street journal," -- -- he went on to say, "the economy is recovering too slowly and should not be regarded as the new normal." >> we need a new approach. an approach that removes obstacles of growth, prosperity -- of growth and prosperity. unleash the nation of builders. to become a nation of builders and i think we have to stop picking winners and losers and start focusing on expanding opportunity for everyone. we started out by giving our kids a good chance at an education. to hirend opportunity axa's education so students are ready for tomorrow's job market. to become a nation of builders again, we need to fix our tax code. if we clear out all of these loopholes and make the tax code fair it is going to make it easier to understand, we will be creating more incentives to bring jobs home, and keep our resources here in america. a host: john boehner before the national association of manufacturers. this headline from "the -- this editorial from "the wall street journal" -- joseph on our twitter page has this comment -- logan is on the phone from las vegas on our independen
SFGTV2
Jun 18, 2013 12:00am PDT
companies are doing, the technologically oriented companies that are part of a share economy, get more people involved in the economy in general, and creating ideas about how people can participate. we came across a very great idea that as we go through more exercises in our disaster preparedness, ann and her staff have been great at that. in fact, the last one i kind of had fun in, how do we feed 10,000 people in the middle of the tenderloin in a major erredthtion quake disaster. we walked through that. we saw how meals are served. we tried to do it in the proper way. ~ earthquake we know we're going to need a lot of help. the main message that we wanted to have was after a disaster hits, we want the message to be out before disaster, during a disaster, and right after, that we welcome everybody to participate in our recovery. and the best way to recover quickly and faster is we engage everybody immediately about how we can help and assist each other. and that's partly a philosophy of the sharing economy as well. and whether it's a need for space, people need to have space as they did
CSPAN
Jun 22, 2013 2:10pm EDT
an immigration system in our country that meets the needs of a growing economy, the biggest economy in the world that focuses on making our country stronger, not weaker, and hopefully will put this debate behind us. so i yield the floor. >> yield for a question. first could i say all of us who have had the honor of working with you and the senator from north dakota greatly appreciate the work that you've done. if there is going to be a broad bipartisan support for the final product it will be because of what you and the senator from north dakota have done. and i'm very, very grateful for that. and i think that it is important wouldn't you agree that people understand that this is a very tough bill. and it required a lot of cooperation from our friends on the other side of the aisle to go along and agree with this. i think that they've shown a great deal of compromise in order to reach this point and agree with us on this legislation, which clearly we need bipartisan support for. but i would like to ask the senator again for a couple of specifics. because i think it is important we understand how
MSNBC
Jun 15, 2013 2:00pm PDT
. one of our supporters that says, liberty. immigrants contribute to our economy. immigrants pay taxes. we're actively mobilizing a lot of the important aspects of our economy. so when we are having a discussion about what is the living wage and how fast can we live on, right now, $14,500 is the living wage. they're talking about be giving access to services. we're creating a shadow economy of a community in perpetual -- >> i think the conservative movement in this country does not want immigration reform. it helps keep wages down like you're talking about. there is a mindset that is very strange. this came out of mouth of jeb bush. i want to you hear what he said about immigrants. here it is. >> we're going to have fewer workers taking care of a larger number of people that the country has a social contract with. to be able to allow them to retire with dignity and purpose we cannot do that with the fertility rates we have in our country. immigrants are more fertile and they love families and they have more intact families and they bring a younger population. >> what is your response t
CSPAN
Jun 17, 2013 8:00pm EDT
of america, this remains a vibrant place to live with a balanced economy. the american people must have a voice about what those rules will be. and congress cannot skirt responsibility to legislate. again, i would like to close here by thanking those who led this effort, mr. collins in particular, for leading the floor conversation. he has shown great leadership, working very hard. you came here as did other members of the freshman class to make a difference by supporting the reins act and i think you will advance that cause. mr. collins: it is easy to follow in the stoot steps. and we will work to continue that fight. i thank you for being here tonight. it is now with great pleasure, another freshman who has come from north of me in north compassion for his constituents. mr. holding: i thank the gentleman from georgia for the opportunity to discuss this administration's excessive regulations. we know the harmful effect that overregulations had on the economy and since taking office, president obama and his administration have continuously burdened the american people with an exceptiona
CSPAN
Jun 22, 2013 7:00am EDT
university, about the state of the u.s. economy. later in the program we will be joined by a matthew segal. he will be here to talk about issues important to young americans. you are watching "washington journal." we will be right back. ♪ >> when you talk about transparency to the american public, there is -- you are going to give up something. you are going to be giving signals to our adversaries as to what our capabilities are. the more specific you get about the program, the more specific about the oversight, the more specific you get about the capabilities and successes, to that extent you have people sitting around saying, "ok, now i understand what it can be done with our numbers in yemen and in the united states and consequently i am going to find another way to communicate." there is a price to be paid for that transparency. where that line is drawn, in terms of identifying what our capabilities are, is out of our hands. if you tell us to do it one way we will do it that way. there is a price to be paid for transparency. >> robert muller makes his last scheduled appearance before
CNBC
Jun 19, 2013 6:00pm EDT
about how the economy is still a bit dicey and jobs aren't being created fast enough. now they're thinking he just wants to put everybody to work, he's not worried about the bonds. bondholders are saying to heck with this, you're not going to protect us, economy is way too strong for bernanke to keep buying bonds, he can't keep rates down, he shouldn't even try. the owners of bonds aren't as worried about the ongoing drag of the federal government that berng kooes fretting about and talked about today. they aren't worried about higher taxes, sequester spending cuts or any lack of any serious attempt by elected officials to get hiring going. they are selling their bonds right now before things get so much better that those bonds will be worth even less! to understand how bonds work i've got to do something different because i know a lot of people can't tell the difference between a stock and a bond. so i'm going to -- i'm going to do a little fictional analysis here. imagine that the united states is a publicly traded company. and it's got this really counterintuitive stock that
MSNBC
Jun 19, 2013 3:00am PDT
economies in terms of -- because they need europe to be able to take their stuff. watch for china -- i don't know who's really running that country, but i can tell you this, their deceleration in economics is just incredible. it's not bringing us down. >> china may go down below 7%, 6% growth this err year. we are right now the tallest building in elmira, new york. >> it's the shung kamao bank. >> how do you know about elmira, new york? >> i come to play. >> you do come to play. we may be the tallest building in elmira, new york, but people keep buying the dollar. what are you going to do? go to europe? go to china? they're all train wrecks wait to go happen. >> you can't feed china. that's a big issue. 700,000 recespiratory deaths la year. let's go to john meacham. speaking of smoking, he smokes way too much. john, you look at europe, the g-8, they were all lecturing president obama three years ago. sarkozy, where is he now? who knows? he's probably staying at your place in the south of france. >> oh, no, unh-unh. >> but united states is in this strange position of just sort of crawling a
CSPAN
Jun 21, 2013 9:00am EDT
much that is costing the european economy, european jobs, and the european government? guest: at the moment, we are asking our citizens to do a lot of sacrifice in order to adjust to the impact of the financial crisis. we cannot allow a number of people to escape, a number of people to evade their tax responsibilities. so, i think this was a powerful message from the g8. very much supported and initiated by the europeans to make sure that our tax system is assumes itsverybody responsibilities in terms of and that when we ask normal citizens to make sacrifices, we should at the same time ensure that any of the people that tries to escape this sanctions -- is sanctions. cooperation among states is an effective one, and this is what they discussed in the g8 and what we are implementing. we are happy to see that we are on the same wavelength with the americans. host: what about switzerland? is which alone one of those locations used as a tax haven? guest: switzerland is not part of the european union, but we have a solid relationship with switzerland. we made a number of agreemen
NBC
Jun 21, 2013 4:00am PDT
as the economy continues to improve. but as cnbc's maria bartiromo points out, there may be a silver lining. >> every time we've seen a sell-off of 5%, a lot of people were expecting a correction of 5%. each time we've seen that, that selling has been met by buyers. they call it the so-called buy on the dip mentality. >> nbc's tracie potts has details, including what this means for homeowners. tracie, good morning to you. >> reporter: good morning. here's how you connect what's going on on wall street with the average american. when the fed says we're going to pull some of our support because the economy's doing better, that means interest rates may go up. if you're buying a car or sending a kid to college or, as you note, if you're buying a home. the housing market has been doing pretty well. take a look at the may numbers. 5 million homes sold in the month of may. that's up 4% from a month earlier. up almost 13% from a year earlier. the median home sale price right now for existing homes is $208,000. that's up 15% year over year. in fact, we've seen double-digit increases for six months i
CSPAN
Jun 20, 2013 1:00pm EDT
the original small business. small businesses are the backbone of our economy and the engines of job creation. and over half of americans own or are employed by a small business. mr. speaker, there are 30 million small businesses in the united states, and they create seven out of 10 new american jobs each and every year. small businesses are the key to economic prosperity. the government does not create jobs. american small businesses create jobs. the government and its lawmakers should do everything in their power to cultivate an ideal environment for small businesses to grow and prosper by removing roadblocks to growth and building economic certainty. we need to keep the focus on the american worker and on small businesses. we need to remember that every week is small business week. i yield back. the speaker pro tempore: the entleman's time has expired. further requests for one minute? for what reason does the gentleman from texas rise? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: the gentleman is recognized for one inute. >> thank you, mr. speake
CSPAN
Jun 20, 2013 12:00pm EDT
, they can't weaken america. they didn't weaken our economy. they helped build this country, helped build this economy as all of our ancestors did, and that's true of immigrants who want to come here and work and we ought to have a legal avenue that allows these people who want to build a better life for themselves and in the process build a better america, we ought to allow that to happen. this bill in my view doesn't go nearly far enough in accommodating the legal immigration that we could and should have in this country especially with respect to low-skilled workers. i'll be the first to say the bill makes a lot of progress for high-skilled workers, two big areas, the h-1b visas, the cap that has been too low for too long is significantly raised and although we've created hoops people have to go through that are probably unnecessary, it is progress that we have a much higher cap. there's also a new opportunity for graduate students in the stem fields to get green cards in time and that is very, very constructive. these people come here with a great deal of human capital, intellectual c
NBC
Jun 20, 2013 5:30pm PDT
gave a mostly positive review of the economy, but also in there was a warning that cheap borrowing may be coming to an end. that was the backdrop. and today the people who buy and sell stocks for a living chose to sell. and the numbers went down in a moment. we'll talk about how a lot of homeowners are watching this closely. first, however, let's go to where the damage was done. maria bartiromo on the floor of the stock exchange in new york. good evening. >> good evening to you. at this point everybody has gone home at the new york stock exchange. but it was quite the scene today as the market was plummeting. and today's 350-point sell-off comes on top of yesterday's 200-point sell-off as the federal reserve suggested the winding down of the stimulus may very well happen beginning at the end of this year. so why is that such a bad thing? basically, people are focusing on the fact that once the stimulus goes away, interest rates will begin to creep up, and that will take money out of the stock market and into fixed income, into bonds. why would i keep my money in the stock market, which
CNN
Jun 15, 2013 10:00am PDT
of the day, which is creating jobs and turning the economy round. that's what the republican party needs to focus on, is getting us back on the right economic road to recovery and making sure americans remember we need to restore the american dream. our current administration is not about that. they're about saying sit back, we'll take care of you and allow you to live and we'll enable you to live a substandard life. we need to put the focus back on that. >> so, what is this all about? forgetting the american dream, common road. we're hearing all these kind of trigger words and language here. sarah palin you know being critical of the obama administration. no surprise there. but what is at the root of what this you know, freedom or this faith and freedom forum is all about in the first place and is it just preaching to the choir or is a message, a common message really resognating? reaching the conservative following? >> about a week before president obama's election in 2008, he said that we were a week away from fundamentally transforming america here, so what's at stake is american exc
CSPAN
Jun 17, 2013 8:30am EDT
a facebook page now. so, you know, the world has really changed, and our energy economy has similarly changed. if you go back again to that time ten years ago, oil production, of course, continued to fall in the united states, imports increasing dramatically. top business leaders and thinkers from lee raymond to alan greenspan be projected an enormous natural gas shortfall and, in fact, there were lots of investments for lng imports. today we talk about blend w5u8 problems. pv, distributed pv, $10 a watt. today we're talking about incredibly reduced costs. wind power up by a factor of 15 in that time period. so there really has been tremendous change, in fact, even in the four years since president obama took office we've seen this. most especially, of course, we all know how unconventional gas and oil have been a game changer in this, in this country. we often think of the energy industry, the energy system as one of incredible inertia and very hard and resistant to change. and there are some, there is some truth in that, and there are some good reasons. capital intensity, all kinds of issue
FOX Business
Jun 17, 2013 9:20am EDT
. now, wednesday ben reports on the state of the economy. good news for the market is expected. the dow will be up close to 100 points minutes from now. the president is northern ireland at the g8 summit. he's not saying anything about the irs or obamacare, his approval rating is sinking. how about this for a super hero blockbuster. the latest superman movie brings in 125 million dollars over weekend. "varney & company" is about to begin. >> if the world found out who i really was. he was convinced the world wasn't ready. ♪ [ cows moo ] [ sizzling ] more rai.. [ thunder rumbles ] ♪ [ male announc ] whenhe world moves... futures move first. learn f futes from experienced pros with dedated chats and daily live webinars. and trade with papermoney to te-drive the market. ♪ all on thinkorswim. from td ameritrade. all on thinkorswim. a brand new start. your chance to rise and shine. with centurylinks your trusted technology partner, you can ust that. th our visionary cloud infrastructure, global broadband network a stom communications solutions, your business is more rele - secure - ag
CNBC
Jun 19, 2013 6:00am EDT
about the underlying economy. >> it's the economico outlook. >> you don't think he'll use the word? >> i don't think he'll use the letter. >> people will ask questions. >> but as long as -- as long as it doesn't start with a t. if there is a t in the world somewhere, he may use it. >> we could have a drinking game. first question has to be about tapering. will use the word taper. >> either tape ever or your ter. >> i was at a party with a drinking game, but it was with lemonade. makes no sense. they're practicing for the day when -- legmonade, you'll just get sick. >> that's okay. learn a lesson. >> i know. >> let's take a look at europe. again, futures are indicated higher and that may be because the expectation is that the fed will in fact slightly lower their economic outlook. if that he another case, you would expect they would not be pulling qe anytime soon. but right now the market is barely bunching in europe. in asia, you can see the nikkei was up about 1.8%. so volatility continues there. hang seng down by just over 1%. oil prices right now are indicated up about 50 cents. wti i
CSPAN
Jun 17, 2013 5:00pm EDT
of the sequester. , it is something that because of the strength of the economy, it has not been as much of a public focus as the white house hoped. host: is it a matter of capitol hill not bringing it up enough? what has capitol hill been doing on this? guest: the democrats ready regularly bring up the sequester. there is no pressure on anyone to change the sequester at this point. the economy is doing fine. the budget situation is getting better. the economy is improving. the sequester is having a role as well. at this point, it seems impossible anyone would turn off the sequester before the end of september. it actually looks like the budget things that were included as part of the bill that created the sequester will continue for some time. i would expect the kind of cuts we are seeing right now will continue in the foreseeable future. we are taking your calls and comments on sequestration. the nsa to leaks, the upcoming decisions on gay marriage, and any other subject you want to talk about on capitol hill this week. ken is up next on the independent line. good morning. caller: good
MSNBC
Jun 21, 2013 6:00am PDT
there backing up investors. the fed was promising that if the economy didn't inprove, don't worry, we're going to continue with this very easy monetary policy. make sure there's plenty of money. a lot of liquidity. bernanke really made people realize that this pulling back, the tapering of the fed, this almost tightening, because they're not going to be as easy as they've been, this was the warning signal this was going to happen. a lot people had been pushing this out to 2014. maybe 2015. ben bernanke made it clear. this is going to be happening potentially even this year. and, you know, they say they don't ring a bell at the top of our markets. that that's the big question and the big game you have to play when you're investing. this was almost a bell to all those investors who worried, okay, this is a massive change, this is the time we need to move. that's what's been happening here. we do look like we're going to open by 60 points but that was about half the gains we saw early this morning. >> the market got its bell rung this week. have a great friday. enjoy your weekend. >>> we move on.
CNBC
Jun 20, 2013 6:00pm EDT
tag term relative because nothing really went up today. how about technology, when the economy is going south, they cut back. they don't buy, they let it lay follow. that's because they can't prove. no one can prove, listen, i get this new computer in it will make us more money. it's too ethereal. you can bring more revenue dollars down to the bottom line when you cut back on spending. you got to compete with the other guys, all of a sudden you need more hoard ware, you need more software. you got to expand t. earnings go higher. that's why so many of the other drive and semi conductors were at their 52-week highs today. it would help if business around the world would get better, too. can come in time. if you stay tuned, i will tell you which of the texts work soon. finally, there's the industrials. it is true many of these companies have done quite well. they haven't done well the way we want them to. they have cloen grown sales, they have fired, cut back, laid off to the bone. so whatever dollars have brought in flow to the bottom line, even if the dollars aren't rising very
FOX Business
Jun 18, 2013 9:20am EDT
shifted our economy and our society. i want to bring in one of the leading thinkers on economic policy and i want to know if president obama has changed america for years to come. joining us to arthur brooks, the president of the american enterprrse institute. what do you say, arthur, has he changed it now and for good for a long time to come? >> well, yeah. hi, stuart. it's hard to argue that things haven't changed in the united states. the truth of the matter is we have been looking for a long time to scale up the size and scope of governments and obama has simply taken and escalated these particular trends. growth of government is something that's been going on for two decades and you've been in the united states for a long time and you've seen it and i know you've seen it to your dismay, but it's kind of a bipartisan deal at this point. you can't say it's democrats or republicans. the truth of the matter is the amount of government in dollars per capita has increased more under republican administrations than under democratic administrations over the past two decades. i would call
FOX
Jun 21, 2013 7:00am PDT
national security but invests in the economy. it's more about who we are. i'm very hopeful. >> senators get back to work on capitol hill behind me in this 15 minutes. we expect to hear from senator reid. back to you. >> joe biden is one in the immigration leading the charge for this. >> it's time to provide a fair, reformed unfettered pass to citizenship for $11 million undocumented immigrants. >> he spoke at a awards banquet in las vegas and says this is part of the future of america. >>> and san francisco state senator leland yee will hold a news conference in support of immigration reform. he will unveil a measure that pardons 11 million immigrants and branses them similar immigration rights as same-sex couples. >>> a new volunteer center has been launched for sierra lamar. they've moved to central high school. it used to be at burnett elementary. sierra's father, steve, made the move will allow volunteers to rico -- refocus on finding her. now, antolin garcia-torres has been charged with her murder. >>> a shooting happened about 10:00 at 6th and natoma. the victim was shot twice but is
CSPAN
Jun 18, 2013 1:00pm EDT
has resulted in a significant boost for the local economy, especially for the travel industry, the leisure industry, restaurants, for example. shops. i'm proud to have worked on taiwan's entry into the visa waiver program because i know that as a result of this agreement taiwanese americans in southern california have a much easier time staying connected to their families. mr. speaker, as the number of visitors from taiwan has grown exponentially, there is an urgent need to ensure that taiwan has real time access to air safety information. strengthening air safety benefits american citizens as much as it does the taiwanese. every year tens of thousands of americans fly through taiwan's airspace which must be as safe as it can be, and this bill will certainly help. just as taiwan was allowed to join the world health organization as a result of the sars outbreak, so should taiwan be afforded the opportunity to observe the proceedings of the i.k.o. we all share the responsibility to ensure that international air travel be safe. taiwan's unique political status has thus far hinder
FOX News
Jun 21, 2013 2:00am PDT
they may buy back bonds later this year because the economy in their view could be improving. this has all kinds of implications especially for interest rates. they kept artificially low fuelling the rebound of real estate prices for instance they helped fuel the slow recovery. >> i think the market is saying the fed believes this economy to be stronger than we do. but we don't believe you that if you take away the stimulus this economy won't be able to stand on its own two feet. until we see otherwise we are going to be concerned that this low trajectory economy can be at risk of dangerous down draft. >> we knew it would impact sometime that the fed would have to dial back on the bond buying spree 85 billion a month taking the foot off the it was pedal. the food news these can lead to buying opportunities. may be something of a rebound today. dow futures are up. >> doug luzader live in washington, thank you. >> it is the first day of summer and we are kicking it off with extreme weather. >> maria molina is in our weather center tracking heavy rains in parts of the country. hi maria. >> go
KRON
Jun 20, 2013 6:00am PDT
and nearly two-thirds of americans operate the current economy as the poll also indicates a positive trend. the number of those who break the economy is good has grown steadily since the end of last year of nearly 10% from last december. overall, optimism that the economy will improve is split almost down the middle. 50 percent predict that they wthey will be better off a year from now, 49 percent say that things will get worse. >> if you are thinking about starting a business, california just might be the state for you. according to the kaufman index of entrepreneur or activity a list of 10 states saw more startup activity that anywhere else nationwide. here is a look at the top five. montana, a vermont, new mexico, alaska, and mississippi. coming in at no. 6 is california. in 2012 the state had a start rate of 410 per 100,000 adults. the kauffman index access that california as a major advantages including a strong talent base, an established network of venture capital, a big consumer market, and top- ♪ [ male announcer ] wouldn't it be great if all devices had backup power? the chevro
ABC
Jun 20, 2013 4:30pm PDT
than 500 points lost in 48 hours as economists tell us that the economy is finally on the mend. what's going on here. rebecca jarvis leads us off. >> reporter: today's big drop is part of a roller coaster week for your money. the dow up or down triple digits every day. so what's driving the volatility? actually, good news. >> we are stronger, we are. our economy is getting better. >> reporter: the best month for existing home sales in three and a half years. and improvement in jobs. all of this means there's less need for this man, fed chairman ben bernanke to keep pumping billions into the system. >> the easiest way to say is that we have had training wheels on our economy for quite some time now and now we're getting word that these training wheels are going to have to come off, slowly come off and we're going to see if we >> reporter: the uncertainty also leading to higher mortgage rates, now above four percent for the first time in a year. but still some of the cheapest borrowing in history. for example, in california, the turnbull family can buy their dream home for about $2,000
CBS
Jun 21, 2013 4:00am PDT
to stop at some point, albeit slowly. the faucet will turn off slowly, and it's time to see if our economy can stand on its own. >> that would likely mean mortgage rates will continue to rise. after hovering near historic lows since the end of the recession, rates have ticked up since the beginning of the year and that could slow the housing recovery. >> once we see the rates start to move and we're starting to see it, there might be a little bit of a panic there that you're missing out on opportunities. >> but the reason for fed's decision to stop the bond buying program is improving economic data. ben bernanke says he's expecting the economy to grow. experts say it's a by-product of a brighter economic future. >> we love this. this is what we live for. when you have these kind of -- this kind of volatility, this is a dream for us. that's why you're in the business. >> this is when you make your money. >> exactly. >> the dow is still up about 12% since the beginning of the year, so many investors are looking at this week's selloff as an opportunity to snatch up stocks at a discount. anne-
CSPAN
Jun 21, 2013 2:00pm EDT
: both sides are addressing the economy, to bring growth back. it is not easy. we are facing enormous challenges on both sides. we have different kinds of responses, different kinds of contacts in america. i think the common concern is to make sure the recovery is a sustainable one that we don't go in an up and down in terms of economic performance. i think we have established a few lines that are common. we need financial stability and we need to increase our competitiveness. we are facing enormous challenges in emerging economies. we need to adjust our economy for training and education and we need the skills in the job market. for the moment i think the g-8 has clearly identified that. we need to join efforts at the international level to create a right position. host: what needs to happen? guest: i think we need to consolidate our accounts and put our house in order in terms of the debt and deficit. that is crucial for our credibility of our efforts. at the same time, we need to invest in a new way, we need to create the sources of competitiveness for the future. so our economies
MSNBC
Jun 22, 2013 2:00pm PDT
>> talk about how you're going to turn the economy around. >> adios. >>. ♪ >> oh, sometimes i wish i was on the same stage with those guys. no, i'm not running. but i love to talk about them. here he is, again, he's back at it. slick rick perry. the governor of texas. it is all hat and no cattle. just wrapped up a five-day poaching tour for jobs in the northeastern portion of the united states. now, how many liberals are up in the northeastern portion of the united states believe a texas brain drain here. the texas brain wizard planted his cowboy boots here in new york city and in connecticut across the river hoping to rope in some business leaders to taking jobs to the lone star state. the governor's main message, very simple. no regulation and no state income tax. sounds really good, doesn't it? perry even put together this web video slamming new york and talking up texas. >> if you just took the book of rules and regulation in new york state. 49,000 pages and one reason small business owners tell us that new york is such a hard place to do business. >> a lot of the business owners
CSPAN
Jun 20, 2013 7:00am EDT
we've got to get the economy jumpstarted and back on track in a manner that is sustainable for the programs that we all care about. one of of the ways to clearly do that at the -- at the cbo has indicated, and this is a nonpartisan operation, is to pass copperheads if immigration reform that provides an additional piece of evidence as to why this is so significant for us to get done and to get done sooner rather than later. ,ost: congressman jeffreys what is another issue, before we go to calls, that you focus on or that you think the congress should be addressing? i think we have to do with the gun violence problem we have in america. it is, katie, i understand that, but certainly as americans focus on the problem, and the aftermath of the tragedy in newtown, connecticut, the issue that we confront in the district, i represent a very urban district that has several neighborhoods in east new york,: the island, brownsville, that in the last several decades have gunrienced issues in violence. almostevery reagan, -- every weekend, there is an issue that has resulted from an il
FOX Business
Jun 21, 2013 1:00pm EDT
within the economy. you point out that highs in his -- house is a primary beneficiary. the fed is as responsible for managing as they are for anything else. to the extent that they're looking to manage the bubble that has formed, whether it be equities, the form of stocks, housing, absolutely. this is part and parcel with the context for the fed is basically saying at some point we're going to have to pull the punch bowl away from the party. it looks like sooner than later, and this speaks to that. ashley: from an investor's point of view given the volatility in stopping this, you expected will continue through the summer, what can you do as an investor to play in this environment? >> in this type of environment you want to manage risk. that is the first quarter of the day. you want exposure. and if you have the decisions that you feel compelled and meet your objectives, you can hold on to them and hopefully there are dividend payers and certainly they have a very consistent track record in terms of equity performance and driving revenue top and bottom line growth. expose yours
FOX News
Jun 21, 2013 6:00am PDT
are a bit higher as a sign the overall economy is strong and these are good things. i would think that would be good for the market and investors. >> reporter: ben bernanke is talking about a growth rate of 2.5%. and he's not talking about a flood of new jobs coming into the economy tither. he's got to quit the printing money at some point. he's hinting he will do it soon but he's not leaving a strong underlying economy underneath it. that's why to some degree you have got the selloff in the stock market. martha: an all female jury will decide if george zirmman committed murder when he shot and killed teenager trayvon martin. today we expect we'll hear whether a potentially critical piece of evidence will be admissible during this trial. phil keating is live in miami. this hearing focuses on that 911 call we heard so much. in that call we hear the gunshot, right? >> right. this is potentially decisive expert testimony money that can persuade this jury to go guilty or not guilty. whether it's george zimmerman's voice or trayvon martin's voice screaming in the audio tape. even saying quote, i'
CNN
Jun 21, 2013 3:00am PDT
of money they're pumping into the economy each month. >> we will ease the pressure on the accelerator by gradually reducing the pace of purchases. >> reporter: the second, overnight thursday, bad news from china. manufacturing production fell for the first time in eight months. a sign that one of the world's most powerful economies isn't growing as fast as it had been. the pros on wall street say this was bound to happen after months of gains and record highs. and in fact, the fed pulling back might be a good sign that the economy's getting better. >> there is no fear. there is no panic that's going on. but i think we do know that it's going to be a nice slow, orderly process to see if our economy can stand on its own again. >> reporter: that doesn't make yesterday any prettier, and stocks were only part of it. a metal meltdown. 2 1/2-year lows for gold and silver. gold, the shelter from the storm in the recession, is dropping like a rock, losing a quarter of its value to far this year. don't be too afraid to peek at your 401(k). even after yesterday's dramatic drop, the dow was up mo
CSPAN
Jun 19, 2013 8:00pm EDT
in the local economy generated by the store and new jobs it creates. it has a multiplier effect. to know that this works, we need to look at pennsylvania. a similar program that began there in 2004 resulted in 88 projects being built or renovated in underserved urban and rural communities across the state. today, more than 5,000 jobs have been created and i know we all want to create jobs, and 400,000 people now have increased access to healthy foods. 30 million invested by the state has resulted in projects totalling more than $190 million. the pennsylvania program success rate has been better than the grocery industry overall. federal, state and many city governments are enacting legislation and policies to attract healthy food retail. this is tremendous momentum around the country right now to bring grocery stores to places that need them. also a diverse group of nearly 100 stakeholders support this bill, including policy link, the food trust, the national grosser's association and newly rouse agricultural, civil rights support this bill. the senate supports this -- the senate has rec
CSPAN
Jun 19, 2013 1:00pm EDT
that it would be good for dairy farmers in the northeast who are such an important part of our economy. but i cannot and i will not support this farm bill as it is currently written. i cannot support a bill that cuts the snap program by $20.5 billion. i cannot support a bill that will force two million americans to lose their benefits. i cannot support a bill that throws over 200,000 american children off the free school breakfast and lunch program. in short, i cannot support a bill that will make hunger in america even worse than it already is. right now as we speak, as we gaggetser here, there are -- as we gather here, there are 50 million hungry americans, 17 million of them are children. many of them work but do not earn enough to make ends meet. all of us, every single one of us in this chamber should be ashamed by those numbers. food is not a luxury. it is a basic necessity. but there isn't a single congressional district in america that is hunger-free. ending hunger in america used to be a bipartisan issue. to my republican friends i say, remember the work of people like bob dole and b
FOX Business
Jun 17, 2013 11:00am EDT
recovering in the housing market or the economy overall, i don't think they will do anything. connell: not so much we have come to terms, it is just we don't think it is going to happen. you would remain pretty optimistic about the stock market. >> i am. it actually targeted june 11 and 12th. i thought the backdrop was going to be out of the german constitutional court hearing objections to the constitutionality of the european stabilization mechanism. it turned out to be japan. maybe underinvested crowds pay up for investment reasons, and in the process of putting in a pop that would put in the first decent pullback this year the july, august timeframe. connell: we will need to see some sort of decent pullback. where is that??% what is the intermediate topic you're talking about? >> $16.87 on an intraday print high, the other downside reversal day simultaneously you hit the upside reversal in the japanese yen against the u.s. dollar causing some issues. will try do trade backup to that high. if we turn down, you will get a premature turn back but we should make a slightly higher high and som
FOX News
Jun 18, 2013 4:00pm PDT
that they are not getting what they deserve from the government of the world's sixth largest economy. shepard? >> shepard: steve, these nationwide protests are reportedly some of the biggest demonstrations since the end of brazil's dictatorship back in '85. the country's military regime lasted for more than two decades back then. during that time, violent clashes often broke out between protesters and police. really not sense. authorities in turkey have banned large gatherings all together after weeks of violent antigovernment protests in a key city. so it's come to this. one man trying a peaceful solo protest and there he is. the guy on the right in the white shirt, stood alone for many hours last night. at istanbul's taksim square. stood there and stared. stared aportrait founded turkey as a secular state 90 years ago. many claim turkey's current leaders are forcing islamic agenda on them as word of this standing guy got out. several others stood just like him in different parts of the country. turkish officials say they will take no action as long as these silent protests cause nobody any harm. here a
FOX News
Jun 20, 2013 12:00pm PDT
to take his foot off the gas pedal no energy left for the economy. interest rates will rise, scenario that is horrible for american families. people are fareful of what happens when bernanke backs out, the federal reserves stops supporting the market. >> what they're doing is, quantitative easing is printing of money, putting more money in the economy, and the government spends a lot more money and allows the private sector to get its legs back under it. the government takes over when the people can't, and then when the private sector gets its legs under it, the government backs off. hasn't happened. >> the feds have been trying to push interest rates down and stimulate borrowing and lending. the fed has kept saying, okay, we acknowledge we're sort of printing money but we think weeing pull that money back when the time comes. and that's not the issue. the hirsh here, number one, this is a market overreaction to what bernanke, the chairman of the fed, actually said yesterday. he did not say we're going to stop this program. he didn't even -- the program didn't even change. these were
FOX News
Jun 22, 2013 4:00pm PDT
and stay here legally and bringing relief to the struggling economy. >> this will help the middle-class grow our economy and shrink our deficits and making sure every one pays taxes like everyone else. >> senators introducing a proposal to bolster security. border surge includes 700 miles of fencing with the addition of tens of thousands border agents and enforces a nationwide e- verify system and needs to be in place before illegal immigrants can apply for green cards. there is no indication whether it will fly before the july 4th recess. >> the current bill is a mess. it is repeating the same failed pattern we saw in 1986. >> instead of throw million we are dealing with len million. and congress is saying the same deal, legalization first and then promising maybe some day in the future the border will be secowered. >> senate leaders have a test on monday. and bring it close to cent votes, that's the target number they say will pressure the republican house to act as well. harris, back to you. >> elizabeth, thank you. >> we are on sarah watch. the family of a little girl who had
CSPAN
Jun 16, 2013 6:30pm EDT
in our society, economy, the central essence that we face today as a challenge is how do we keep america that special place unlike any other in human history. the reason is because, though our rights come from god, as our founding documents state, those rights have not always been respected and human nature has shown a willingness to violate them or deny them. we fight against those headwinds in america every day and this is in contrast to what most of human history look like. tomorrow -- to most of us who are influenced heavily by it, it is especially challenging, a time where we are told we should silence our phase were separated from how we express ourselves in the political process. this coalition of faith and freedom gets it right in the sense that faith and freedom are intertwined. for americans, it is. what i hope to do in the next few minutes is not to -- just to advocate you stay involved but encourage you to do more. i think we are called to do more in that regard. knowing the diversity of faith in this room today, i will rely on my personal fate, the christian faith, for guida
CSPAN
Jun 18, 2013 5:00pm EDT
must work together to create jobs, to strengthen the middle class and to grow the economy. our -- yet once again republicans refuse to listen. instead we are debating legislation that endangers women's health and that disrespects the judgment that the american women and their doctors on how to make judgments about women's health. this bill would deny care to women in the most desperate circumstance. sad and desperate circumstances. it is yet another republican attempt to endanger women. it is disrespectful to women. it is unsafe for families and it is unconstitutional. at the start of the congress, the republicans take great pride, and we join them in that pride in reading the constitution, start to finish. it's a great day. it's a great document. but then the republicans proceed to ignore it. one example, this clearly unconstitutional bill. each day republicans claim they want to reduce the role of government except when it comes to women's most personal decisions about their reproductive health. leading groups of medical professionals and experts across the country believe that this
FOX News
Jun 20, 2013 3:00am PDT
is because ben bernanke said we might taper back from this printing. >> we might end it if the economy gets better. i don't believe they're really going to do this. >> steve: you don't? >> no. i don't think ben bernanke will be replaced by janet yellen who is into printing money. i think they will not allow the obama economy to rest on its own. they will keep printing money to keep this feeble economy. if you stop printing money, then all the impact of obamacare, higher taxes, all the regulations that this president has imposed, those chickens come home to roost and forget about the 3% growth. we'll have 1% growth if we're lucky. >> steve: we probably have 3% growth because of this printing of the money. >> right. >> steve: i know you don't think it will happen any time soon. but if it did happen next month what, would happen? >> if he stopped printing money next month, the market would go down to 12,000. i've been on tho thank show and i said if he keeps printing money, there is no stopping it. >> steve: you say 20,000? >> if he keeps printing, dow 20,000 in the next couple years is feasib
KRON
Jun 20, 2013 7:00am PDT
-thirds of americans rate the current economy as before. the poll also indicates a positive trend: the number of those who rate the economy as good as ground steadily since the end of last year-up nearly 10% from last december. overall, optimism that the economy will improve is split almost down the metal. 50 percent predict they will be better off a year from now, 49 percent say things will get worse. >> if you think about starting a business, calif. just might be the state for you. according to the kaufman index of entrepreneurial activity and a list of 10 states saw more start of activity than anywhere else nationwide. here is a look of the top 5- montana, vermont, new mexico, alaska, and mississippi. coming in at no. 6 is california. in 2012, the state had a starting rate of 410 per 100,000 adults. the coffin index says that california has major advantages including a strong talent base, an estimatestablished network of venture-capital, a big consumer market, and top not to private and state research schools. a government analyst says the merger of american airlines and u.s. airways would reduce c
CNBC
Jun 18, 2013 6:00pm EDT
for the stock market and the economy, they're trapped like rats. especially after today's rally. they can't afford to have this market stay higher. they're underinvested. they haven't made the money they should have! so they have to make themselves right with the napalm attack. the bears will be visible to all. their negatively will be up by the media as though it's the truth about what the fed actually said. the bears will hope that the situation will then become self-fulfilling as the tape action determines the narrative and they set the agenda. why wouldn't they? why not try to define the event? after all, who wouldn't believe the fed is causing trouble or the market is in trouble if the futures take everything down instantly. it's death defying, come in and buy. that's why at first, it will look like no stocks will have survived the onslaught tomorrow but 2:30. then a little while after, maybe by 3:15 some stocks will climb out of the b-52, but not all. some may never get out. mostly the real estate investment trust and the high yielding bond equivalents they might be buried alive. ki
CSPAN
Jun 18, 2013 10:00am EDT
are children. they are seniors, disabled. so it is a very serious issue. people are struggling in this economy for their survival. we have high unemployment, wages down. income has not increased. why do we want to take this moment and throw more people into poverty and increase hunger? it does not make sense. in the past, there has been a bipartisan coalition. they came together around the issue of hunger, and addressing that issue. this farm bill woodcut $21 billion in the nutrition program, in the food stamp program. it would throw 2 million people off of the program. one million of whom are children. because there is a link between the program and school lunch, school breakfast,, that means over 200,000 youngsters will be kicked off the program. it is not right. host: here are details about snap, the supplemental assistance program, also known as food stamps. these numbers come from march of this year. that is 23 million households. $75 billion in total last year. in terms of what people get, it ,s $133 on average per person $270 per average per household. we see the number at 47.7 million
CSPAN
Jun 14, 2013 8:00pm EDT
to help the american economy, help get jobs. in this comparative world of ours, we have to do everything we possibly can legitimately and reasonably to help american people, help american small business, help american multinational corporations, american companies compete better and have less red tape so they can focus more on jobs. it's a combination of substance and psychology, which i think will help spur the economy. >> i would just say that the tax code was broken and needed to be fixed, and the tax code is broken now. all three of our witnesses said the tax code was broken. is other thing i would add the world has changed. the ability to invest around the world with the click of a mouse is so much easier, so we have to look at what other countries have done. they have modernized their tax system, and we have not. the other thing, i think, that i think is somewhat similar is you .ave to be very persistent that reform would not have happened without continual persistence and effort. is not as strong as it needs to be. we need to get the kind of growth in job creation and wage increas
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